Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s): ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.

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Surge Energy Inc (Alberta) > Shubhams point of view Surge re formation/reservoir

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Post by swale13on Sep 13, 2023 11:59am

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Post# 35633970

Shubhams point of view Surge re formation/reservoir

with current value related to Tier 1, Tier 2 and Tier 3 at plus $85 ...
brilliant ranking of the possibilities ... super smart

side story ... a few months ago I encouraged a friend dump her Canadian banks and buy a chunk Surge..yes there was pushback ….everyone at the party thought I had lost my ever-loving mind .... now not so much